Real Estate Services in New Zealand - Market Research Report

Real Estate Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 9.1%

The Real Estate Services industry has performed strongly over the past five years. Rising property prices, increasing rents and strong demand from potential buyers and tenants have aided industry revenue growth, as a real estate agent's income is typically calculated as a share of a property's sale price or rental income. Industry revenue is projected to rise at an annualised 6.7% over the five years through 2019-20, to $5.1 billion. This includes an anticipated decline of 2.9% in the current year, attributable to a drop in the number of housing transfers. Rising population numbers, limited housing supply growth and low interest rates have increased demand for residential property over the past five years. This has significantly increased residentia...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Real Estate Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The performance of the Real Estate Services industry is anticipated to deteriorate over the next five years. Measures designed to ease the growth of residential property prices and residential loan rates are likely to weaken demand for residential property, reducing demand for industry services. Industry revenue is projected to decline at an annualised X.X% over the five years through XXX-XX, to total $X.X billion. Market conditions are forecast to become more challenging for the industry over the next five years. The projected decline in the number of housing transfers is likely to increase competitive pressures for industry players. This is anticipated to force industry players to reduce their profit margins slightly, as they attempt to win new bu...
lock
Purchase this report or a membership to unlock our full summary for this industry.

Real Estate Services industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 12,042
  • poll Average Industry Profit Margin: x.x%
    lock
    Purchase this report or a membership to unlock the average company profit margin for this industry.
  • supervisor_account Industry Employment: 11,100

Biggest companies in the Real Estate Services industry

The Real Estate Services in New Zealand industry has no companies with major market shares. Get the full report to find out why.

What is Real Estate Services industry?

Industry Definition

Industry operators are mainly engaged in valuing, purchasing, selling, managing or renting real estate on behalf of others.

Industry Products and Services

  • Property sales
  • Property leasing
  • Property management
  • Other services
  • All Others

Industry Activities

  • Real estate brokering services
  • Real estate agency services
  • Real estate auctioning services
  • Property management services
  • Property rental agency services
  • Real estate valuation services

Market research report - table of contents

Industry Definition

Industry operators are mainly engaged in valuing, purchasing, selling, managing or renting real estate on behalf of others.

Main Activities

  • Real estate brokering services
  • Real estate agency services
  • Real estate auctioning services
  • Property management services
  • Property rental agency services
  • Real estate valuation services

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Mortgage affordability influences demand for residential property. When mortgage affordability increases, potential buyers are likely to feel more confide...
lock
Purchase this report or a membership to unlock the full breakdown of the key external drivers in this industry.
Mortgage affordability
Number of property transfers
Residential housing loan rates
Residential housing prices

Current Performance

Lending restrictions
Commercial property
Profit and structure
 Chart: Revenue Growth

Industry Outlook

Government policies
Commercial concerns
 Table: Real Estate Services in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Real Estate Services in New Zealand - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Funds Management and Other Investment Services in New Zealand
Commercial Property Operators in New Zealand
Consumers in New Zealand




Key Selling Industries

Commercial Property Operators in New Zealand
Architectural and Design Services in New Zealand
Wireless Telecommunications Carriers in New Zealand




Products & Services

The main source of revenue for industry operators is the commissions earned from the sale of commercial, industrial, retail and residential property. Indu...
Property investors
Commercial businesses




Demand Determinants

Demand for industry services is dependent on the volume and value of property sales. Property sales services account for over 60% of industry revenue. Pro...
lock
Purchase this report or a membership to unlock the full analysis of the demand determinants in this industry.

Major Markets

Property investors
Commercial businesses





 Chart: Major Market Segmentation for the Real Estate Services in New Zealand - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Real Estate Services industry has low market share concentration, with the four largest operators expected to account for less than 20% of industry re...
lock
Purchase this report or a membership to unlock the full analysis of the market share concentration in this industry.

Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Real Estate Services in New Zealand - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Real Estate Services in New Zealand - Market Research Report Industry

Industry Globalization

The Real Estate Services in New Zealand industry has no major companies. Get the full report to find out why.

Capital Intensity

The Real Estate Services industry displays a low level of capital intensity. In the current year, for every dollar spent on wages, industry operators are ...
lock
Purchase this report or a membership to unlock the full analysis of the capital intensity of this industry.
 Chart: Level of Capital Intensity for the Real Estate Services in New Zealand - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Real Estate Services in New Zealand Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

LOAN-TO-VALUE RATIO (LVR)

OWNER-OCCUPIERS

VACANCY RATE

Purchase to Read Full Report

100% Money Back Guarantee Digicert Trusted

Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Real Estate Services industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Real Estate Services in New Zealand:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Real Estate Services in New Zealand market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Real Estate Services in New Zealand, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

Trusted by More Than 10,000 Clients Around the World

  • IBISWorld client - VISA
  • IBISWorld client - ADP
  • IBISWorld client - Deloitte
  • IBISWorld client - AMEX
  • IBISWorld client - Bank of Montreal
clear